EURUSD

The EURUSD pair is trying to hold above the 1.17558 pivot level following the announcement that existing home sales in the US came in at 3.93 million, below expectations. Today's ECB interest rate decision and US unemployment claims data will be decisive for the pair. The ECB is expected to keep interest rates steady at 2.15%, while Lagarde's statements will be closely monitored. In the US, unemployment claims are projected to be 227,000. As long as it stays above the pivot level, the targets for resistance are 1.18021, 1.18216, and 1.18545. In the event of selling pressure, support levels to watch will be 1.17363, 1.16900, and 1.16571.